Investment Summary

Scottish Equity Partners Invests In Smarter Grid Solutions

On January 16, 2013, growth capital firm Scottish Equity Partners invested in software company Smarter Grid Solutions

Investment Highlights
  • This is Scottish Equity Partners’ 1st transaction in the Software sector.
  • This is Scottish Equity Partners’ 5th transaction in the United Kingdom.
Investment Fate
  • Smarter Grid Solutions was sold to a publicly-traded strategic buyer in 2021.

Investment Summary

Date 2013-01-16
Target Smarter Grid Solutions
Sector Software
Investor(s) Scottish Equity Partners
Deal Type Growth Capital

Target

Smarter Grid Solutions

Glasgow, United Kingdom
Smarter Grid Solutions is an energy enterprise software company operating globally from bases in the UK and USA. Smarter Grid manages a substantial volume of DER assets for Energy Service Companies, Battery Fleet Operators, Distribution Utilities, Renewable Generation Operators, Municipal Authorities and Community Enterprises – our customers use our technology to interface DER to both markets and networks. Smarter Grid Solutions was established in 2008 and is based in Glasgow, United Kingdom.

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Investor(S) 1

DESCRIPTION

Scottish Equity Partners is a growth capital firm focused on high-growth tech company invests in the UK and Ireland. The Firm looks to invest up to £50 million across a range of sectors, with a particular interest in enterprise software, consumer internet and tech-enabled service businesses. Scottish Equity seeks to build value by playing an active and supportive role in the growth and development of its portfolio companies. Scottish Equity Partners is based in London.


DEAL STATS #
Overall 5 of 38
Sector: Software M&A 1 of 12
Type: Growth Capital M&A Deals 4 of 27
Country: United Kingdom M&A 5 of 31
Year: 2013 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-12 Matchesfashion

London, United Kingdom

Matchesfashion is a luxury online retailer, engaging with its customers online, in-store, via its app, and at its pioneering retail and broadcasting destination, 5 Carlos Place. It delivers to over 176 countries and offers 24/7 advice through its fashion concierge team MyStylist. Matchesfashion was founded in 1987 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-08 Pure360

Brighton, United Kingdom

Pure360 is a progressive email marketing company involved in providing direct digital marketing, improving customer ROI via email and SMS marketing campaigns to customers such as innocent drinks, Seatwave, The FT Group, Rightmove, Zoopla and LA Fitness. Pure360 was established in 2001 and is based in Brighton, United Kingdom.

Buy £11M